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but it's the first time the two men have spoken in a week. and what may be the most significant sign of progress, neither side talked about what was said on the call, an indication they may be serious about negotiating in private. >> we're starting to see some republicans concede that tax rates on the wealthy, at least, are going to have to go up. the president has another rock-hard bottom line. that's an increase in the u.s. debt limit, as well. >> reporter: that's right. republicans even top republicans, say the tax rates are going to almost certainly go up. but on this question of the debt ceiling, the government reaches the limit of how much money it can borrow in february. republicans say they will exact a price for that. they want spending cuts, if they can't get exchange for the tax increases. they will raise the debt ceiling. >> the president saying he's not going to negotiate on that, either. >>> now, to a major headline for parents about a popular affordable baby recliner. a federal agency is suing the maker of the nap nanny, claimi
but it's the first time the two men have spoken in a week. and what may be the most significant sign of progress, neither side talked about what was said on the call, an indication they may be serious about negotiating in private. >> we're starting to see some republicans concede that tax rates on the wealthy, at least, are going to have to go up. the president has another rock-hard bottom line. that's an increase in the u.s. debt limit, as well. >> reporter: that's right....
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Dec 6, 2012
12/12
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but explain what it is. >> it's christmas for obama bundlers. this is the annual ritual, the patronage rewards for his biggest 1% elitist donors and there have been reports now over the last week that anna winter, the fashion famous vogue editor who raised hundreds and hundreds of thousands of dollars for team obama, not just this year action but during the first term as well, is being considered for an ambassadorship for britain. and this is along with several other bundlers who have raised each more than half a million dollars for obama over the last campaign cycle, who are being considered for other positions. and of course, the reaction from the democrats and the left is, well, this is always the way it's been and yeah, well, that's exactly the point because this is what hope and change has ushered in, more retroactive back -- >> steve: why would anna wentor want to take a step down from being the top of a magazine? >> well, it's all about the prestige, the power and the access. >> brian: real quick, tell me what you think is going to happen
but explain what it is. >> it's christmas for obama bundlers. this is the annual ritual, the patronage rewards for his biggest 1% elitist donors and there have been reports now over the last week that anna winter, the fashion famous vogue editor who raised hundreds and hundreds of thousands of dollars for team obama, not just this year action but during the first term as well, is being considered for an ambassadorship for britain. and this is along with several other bundlers who have...
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president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to got a deal without it. >> reporter: the white house says the republicans' math just doesn't add up. >> it's magic beans and fairy dust. >> reporter: negotiations have reached a stalemate. >> there's nothing going on privately that is not going on publicly. >> reporter: there is no plan at this time for congressional leaders to meet with the president at the white house, and it doesn't sound like he's sending out invitations any time soon. >> i don't think that the issue right now has to do with sitting in a room. >> reporter: earlier, the president met with the bipartisan group of governors. >> we understand th
president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to...
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after rejecting the obama administration proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction, mostly through spending cuts. and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> reporter: -- a senior white house official assailed it as a step backward, saying if republicans do not agree to some higher rates for wealthier taxpayer, the nation will go over the cliff, and the american people will hold the republicans responsible. wall street remains optimistic a deal will be struck. so the lack of progress is not yet resulted in a market plunge. but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. the official deadline is december 31st at midnight when the ball drops in times square. the deadline is before that, a week from friday when the house of representatives is scheduled to go on vacation. in actuality there are fewer than 11 days before they need to work out a deal. jake tapper
after rejecting the obama administration proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction, mostly through spending cuts. and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> reporter: -- a senior white house official assailed it as a step backward, saying if republicans do not agree to some higher rates for wealthier taxpayer, the nation will go over the cliff, and...
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Dec 7, 2012
12/12
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KPIX
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as for the crisis in cairo, the white house says president obama has called egyptian president mohammed morsi to express concerns about the deaths and injuries of protesters there. morsi's supporters have been clashing with his opponents who have been protesting for a couple of weeks now. they're upset that morsi gave himself sweeping powers that place him above judicial oversight. this is a live picture outside in cairo. you can see that the tents are still up there and a lot of people congregating o on the street. >>> 4:47. the bizarre saga of john mcafee has ended. he was briefly treated for chest pains before being are brought to the cell. he is suffering from stress and hyper tension. mac afee slipped into a guatemala from neighboring belize and asked for asylum. authorityauthorities in belize want to question him about his neighbor's murder. >>> they are looking for a plan to a void the fiscal cliff. congressmen were on capitol hill talking about a negative impact in the spending cuts kick in january 1st. president obama failed a visit to a northern virginia family -- had a visit
as for the crisis in cairo, the white house says president obama has called egyptian president mohammed morsi to express concerns about the deaths and injuries of protesters there. morsi's supporters have been clashing with his opponents who have been protesting for a couple of weeks now. they're upset that morsi gave himself sweeping powers that place him above judicial oversight. this is a live picture outside in cairo. you can see that the tents are still up there and a lot of people...
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about the deaths and injuries of protesters in egypt this week. new video in overnight you can see large crowds of protesters in cairo expressing ager after a nationally tell advised speech by morsi they say he offered nothing concrete to defuse the country's worst political crisis in two years. opposition says would it not enter into dialogue with morsi unless he rescinds decrees giving him unrestricted powers. >>> in a few hours, pearl harbor survivors will place an a wreath to mark the 71st anniversary of the japanese attack on pearl harbor followed by a 21 gun salute more than 2400 americans died when the japanese bombed pearl harbor in a surprise attack before 10:00 our time december 7th, 1941. the attack helped usher the u.s. into world war ii. this afternoon sons and daughters of survivors will attend the 48th annual beacon in honor of pearl harbor day. >>> coming up, tax refund checks california is itching to give away. what you need to know to find out if one is yours. >>> despite that is leaving a rotting mess on a posh >>> good phoerpbl
about the deaths and injuries of protesters in egypt this week. new video in overnight you can see large crowds of protesters in cairo expressing ager after a nationally tell advised speech by morsi they say he offered nothing concrete to defuse the country's worst political crisis in two years. opposition says would it not enter into dialogue with morsi unless he rescinds decrees giving him unrestricted powers. >>> in a few hours, pearl harbor survivors will place an a wreath to mark...
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Dec 4, 2012
12/12
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CNNW
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the last time the two men spoke was almost a week ago. president obama is focused on the stalemate with congress over averting the fiscal cliff, but he's just not talking to house republicans about it. at the white house, he discussed the issue with a bipartisan group of governors. >> i know that the president wants a deal and he didn't try to handicap it. >> reporter: earlier this week, he told so-called middle class americans on twitter, keep pressure on congress. he's even ventured outside the beltway rallying supporters to do just that. >> i'm going to be asking for you to be making your voices heard. >> reporter: why isn't he calling speaker boehner? >> we speak frequently. >> reporter: when will the two of you sit down in a room? >> i don't think the issue right now has to do with sitting in a room. >> reporter: in part, the white house was burned with the negotiations in 2011 when lots of meetings failed to stave off a fiscal nightmare. but there's another strategy at play. some in the administration say they learned in the first t
the last time the two men spoke was almost a week ago. president obama is focused on the stalemate with congress over averting the fiscal cliff, but he's just not talking to house republicans about it. at the white house, he discussed the issue with a bipartisan group of governors. >> i know that the president wants a deal and he didn't try to handicap it. >> reporter: earlier this week, he told so-called middle class americans on twitter, keep pressure on congress. he's even...
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Dec 7, 2012
12/12
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in their first discussions yesterday after a week's hiatus we are told there were no signs of progress and even a hardening of positions. in fact, earlier president obama discussed the stalemate with middle-class families. >> for them to be burdened unnecessarily because the democrats and republicans aren't coming together to solve this problem gives you a since of the costs involved in very personal terms. >> he showed what he is really after is assuming unprecedented power to spend taxpayer dollars without any limit at all. >> the major sticking points continue to be how to handle tax rates for wealthy americans, and also, what to do about reducing spending on entitlement programs like social security and medica medicare. >> aide between the president and the speaker of the house met and the talks basically went nowhere. according to one of the president's aide he said higher taxes of course on the wealthy. a deal must include permanent extension of the debt ceiling and source also say that indicated no willingness to go any further on limiting the growth of entitlement spending. >>
in their first discussions yesterday after a week's hiatus we are told there were no signs of progress and even a hardening of positions. in fact, earlier president obama discussed the stalemate with middle-class families. >> for them to be burdened unnecessarily because the democrats and republicans aren't coming together to solve this problem gives you a since of the costs involved in very personal terms. >> he showed what he is really after is assuming unprecedented power to...
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Dec 7, 2012
12/12
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live in carson city, ben sosenko, cbs 5. >>> the governor of new jersey paid a visit to president obama to plead for money to help his state rebuild from superstorm sandy. the storm destroyed 80% of seaside heights more than a month ago. the famous boardwalk was left in pieces. today governor chris christie asked the president and congress for more financial aid. christie says it's going to take $37 billion to recover and the president promises to help. >> he knows that our work is not done any more than the work in the states is done. >> president obama is expected to ask for $50 billion in storm relief for new jersey, new york and connecticut. >>> meantime, president obama made a special trip to virginia today to highlight his fix for the "fiscal cliff." the deadline for the president and congress to find a way to avoid tax increases and spending cuts is 25 days away. president obama made a special point to sit with a middle class family in virginia this afternoon. he was trying to offer an example of who would be hurt by the republican tax proposal. >> for them to be burdened unneces
live in carson city, ben sosenko, cbs 5. >>> the governor of new jersey paid a visit to president obama to plead for money to help his state rebuild from superstorm sandy. the storm destroyed 80% of seaside heights more than a month ago. the famous boardwalk was left in pieces. today governor chris christie asked the president and congress for more financial aid. christie says it's going to take $37 billion to recover and the president promises to help. >> he knows that our work...
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Dec 6, 2012
12/12
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we'll stay dry to the middle of next week. back to you. >> thank you. a phone call between president obama and house speaker john boehner may be a positive sign in all of this "fiscal cliff" drama, they spoke yesterday raising hopes that formal talks will resume on how to to avoid across-the-board spending cuts and tax increases. we have been saying this for weeks. they will kick in if a budget agreement is not reached by year's end. >>> a number of state lawmakers had their cars fixed and you paid for it. lawmakers lost the perk of a free car about a year ago at least 37 of them deciding to buy the cars. that was an option. they have been using them when the state sold them. first they had all the cars repaired and maintained at state expense. $78,000 worth of work. >> as a taxpayer, you know, it's my money going to it so it's frustrating. >> doesn't sound fair. we work really hard for our money. >> we do. but a source in the legislature says the work was worth it. the state got more money when it sold the cars that were not bought by the lawmakers but
we'll stay dry to the middle of next week. back to you. >> thank you. a phone call between president obama and house speaker john boehner may be a positive sign in all of this "fiscal cliff" drama, they spoke yesterday raising hopes that formal talks will resume on how to to avoid across-the-board spending cuts and tax increases. we have been saying this for weeks. they will kick in if a budget agreement is not reached by year's end. >>> a number of state lawmakers had...
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Dec 9, 2012
12/12
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egypt is in for a noisy week. allen pizzey, cbs news, cairo. >> jeff: back in washington president obama and house speaker john boehner did meet at the white house this afternoon. for more talks on the fiscal cliff. details were not released but both sides say lines of communication remain open. on face the nation erskine bowles co-chair of the bipartisan deficit commission told bob schieffer he's a bit more optimistic than he was a week ago. >> we were going through the cab ukee theatre, one side making an offer, the other rejecting it and that is pretty natural in any deal. but you know, they've started to tango now and you know any time you got two guys in there tangoing you got a chance to get it done. >> meanwhile urging both sides to get this done jeffrey immelt chairman of general electric spoke to charlie rose. >> i would say the business community almost universitily speaks with one voice that this needs to get done and get done now. and moving it to next year is just failure. >> jeff: you can see the ful
egypt is in for a noisy week. allen pizzey, cbs news, cairo. >> jeff: back in washington president obama and house speaker john boehner did meet at the white house this afternoon. for more talks on the fiscal cliff. details were not released but both sides say lines of communication remain open. on face the nation erskine bowles co-chair of the bipartisan deficit commission told bob schieffer he's a bit more optimistic than he was a week ago. >> we were going through the cab ukee...
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first look how the dollar is moving right now as we finish another week of trading. a mixed bag but the euro, pulling back against the dollar, below that 1.30 mark. we'll be right back. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedheahcare, i gohelp that fit my life. information on my phone. connection to doctors o get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're re than ,000 people looking out for so i never more than 70t. million americans. that's health in numbers. unitedhealthcare. can. >> at 19 minutes past the hour i'm arthel neville with your fox news minute. reuters reporting protesters broke through military barricades outside the presidential palace in cairo, egypt. late yesterday defiant president morsi calling for a dialogue but refused to bend on his controversial decree. >>> syrian rebel groups elected a unified command during a meeting. as violence continues to rage in the torn nation and fears the assad regime
first look how the dollar is moving right now as we finish another week of trading. a mixed bag but the euro, pulling back against the dollar, below that 1.30 mark. we'll be right back. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedheahcare, i gohelp that fit my life. information on my phone. connection to doctors o get where i'm from. and tools to estimate what my care may cost. so i never missed a...